# Loglass

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/loglass

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.loglass.jp/
- Total disclosed funding: $59M
- Latest round: Series B (Jul 31, 2024)
- Investors on record: 17

## About

Based in Japan, Loglass Inc. develops innovative cloud-based management systems that enhance data collection, processing, and analysis for businesses, driving efficiency across various sectors.Loglass Inc. specializes in advanced management software solutions, having been founded in 2019 in Tokyo, Japan. The company has not undergone significant strategic pivots. Ryuta Sakamoto founded Loglass, and it has secured a total of 3 funding deals, with its latest funding round being a Series B in July 2024, raising JPY 7 billion from multiple investors, including Sequoia Heritage and MIT Investment Management Company. The current company valuation stands at JPY 30,513.587 million.Loglass Inc. specializes in providing a cloud-based management system that integrates and automates data collection, processing, and analysis for businesses. Their core products, such as Loglass Management and Loglass Personnel Planning, streamline budget management and personnel allocation. This system enables quick data aggregation from various departments, facilitating real-time variance analysis for informed decision-making. Loglass primarily serves medium to large enterprises in Japan, with clients like GMO Internet Group and KDDI Smart Drone Corporation, and aims to expand into other Asia-Pacific markets.Loglass generates revenue through subscription-based models for its cloud management solutions, which offer tiered pricing plans tailored to business needs. Clients enter contracts for defined terms, gaining access to the Loglass platform and services, including options for custom integrations. The revenue model includes direct B2B transactions and ongoing service agreements that ensure a consistent cash flow. Their flagship products address operational challenges such as financial analysis automation and workforce planning.In July 2024, Loglass Inc. raised JPY 7 billion in Series B funding, which will be used to enhance development and delivery systems, supporting accelerated business growth. The company plans to launch new product designs aimed at improving operational efficiency and intends to expand into targeted Asia-Pacific markets by 2025. The funding will also facilitate the bolstering of their infrastructure to accommodate this growth.

## Funding rounds

- Series B, Jul 31, 2024, $46M — MIT Investment Management Company, SMBC Venture Capital, Mizuho Capital, SBI Investment, Nissay Capital, HRTG Partners, Spiral Capital, YMFG Capital, Moore Strategic Ventures, Angel Bridge, MUFG Innovation Partners, PERSOL VENTURE PARTNERS, All Star SaaS Fund, Sumisho Venture Partners
- Series A, Apr 20, 2022, $13M — Mitsubishi UFJ Capital, Mizuho Capital, Spiral Capital, All Star SaaS Fund
- Seed, Jul 8, 2020, $0.8M — Japan Finance Corporation, BEENEXT

## Investors

- Japan Finance Corporation — Seed
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series A
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series A, Series B
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series A, Series B
- All Star SaaS Fund — Series A, Series B
- MIT Investment Management Company (https://capitalatlas.ai/funds/mit-investment-management-company) — Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series B
- HRTG Partners — Series B
- YMFG Capital (https://capitalatlas.ai/funds/ymfg-capital) — Series B
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series B
- Angel Bridge (https://capitalatlas.ai/funds/angel-bridge) — Series B
- MUFG Innovation Partners (https://capitalatlas.ai/funds/mufg-innovation-partners) — Series B
- PERSOL VENTURE PARTNERS (https://capitalatlas.ai/funds/persol-venture-partners) — Series B
- Sumisho Venture Partners (https://capitalatlas.ai/funds/sumisho-venture-partners) — Series B